LONDON (The Deal) -- European stocks were mixed and most Asian stock indices ended the day higher after above-forecast Chinese export data calmed fears about the impact of the expected curb in the Federal Reserve's monthly bond buying program on the world economy.
The DAX in Frankfurt was up 0.37% at 9,206.52 ahead of data expected to show a sharp rebound in October industrial output in Germany. The CAC 40 in Paris slipped 0.23% to 4,119.96. In London, the FTSE was down 0.03% at 6,549.74.
British engineering group Kentz. rose more than 10% after it agreed to pay $435 million for the field solutions unit of Houston-based Valerus.
HSBC Holdings (HBC) held firm after the Financial Times reported that the bank, Europe's largest by market capitalization, is considering selling a 30% in its British business. The newspaper said insiders expect that unit to have a market value of 20 billion pounds ($32.8 billion).
In Australia, QBE Insurance Group closed down more than 22% after it warned that it will plunge A$250 million ($227.1 million) into the red in 2013 because of North American provisions and goodwill write-downs in that region. In 2012, it made a net profit of A$761 million.
Shares in fridges and freezers maker Haier Electronics closed up in Hong Kong more than 13% after leading Chinese r e-commerce company Alibaba announced plans to take a 9.9% in Haier's logistics unit and about 2% in the parent company.
The Hang Seng in Hong Kong closed up 0.29% at 23,811.17 and most mainland Chinese indices rose at a faster pace after November data released on Sunday showed the trade surplus widened to $33.8 billion in November, a near-five-year high, from $31.1 billion in October as exports climbed 12.7% year-on-year.
In Tokyo, the Nikkei 225 rose 2.29% to 15,650.21.
In Thailand, where Prime Minister Yingluck Shinawatra dissolved parliament and called new elections after widespread unrest, the SET index closed up 0.43% at 1,367.42.
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